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! Requlred Informatlon Use the following information for the Quick Study below. (Algo)...

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Accounting

!
Requlred Informatlon
Use the following information for the Quick Study below. (Algo)
[The following information applies to the questions displayed below.]
Ramort Company reports the following for its single product. Ramort produced and sold 23,600 units this year.
Direct materials
Direct labor
Variable overhead
Fixed overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
Sales price
$28 per unit
$30 per unit
$21 per unit
$47,200 per year
$2 per unit
$68,80 per year
$114 per unit
QS 19-10(Algo) Absorption costing and overproduction LO C1
Ramort doubles its production from 23,600 to 47,200 units while sales remain at the current 23,600 unit level.
(a) Compute gross profit when production is 47,200 units under absorption costing.
(b) What is the change in gross profit by increasing production from 23,600 units to 47,200 units under absorption costing?
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Required A.
Required B
Compute gross profit when production is 47,200 units under absorption costing.
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